-
12-12-2020, 02:52 PM
#5601
They can not be accused of dressing up their reports...
-
12-12-2020, 03:21 PM
#5602
Originally Posted by Beagle
Someone has to do the "hard yards" and make sure their products are on trend
Are they trendy though .... and selling?
You'll have to look at the Clearance Sale in a few weeks to see if they have had to quite 'excess' stock ....even though 'excess' doesn't seem to apply in this segment
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
14-12-2020, 05:19 PM
#5603
For Bars Latest view on NZX 50 inclusion
A Final Tidy Up, Before the Family Arrives for Xmas
S&P DJI have confirmed that no constituent changes will be made to the benchmark indices at the December 2020 quarterly
index review. There are a number of changes to indexed shares and Float Adjustment Weighting Factors (AWF). Changes are
effective close of market, Friday 18 December 2020.
No constituent changes
As expected, the S&P/NZX index review for December 2020 contained no constituent changes for the benchmark indices. We do not
foresee any constituent changes over the near to medium term. Hallenstein Glasson (HLG) remains the largest non-member currently
eligible for inclusion, should a current member drop out.
Figure 1. December 2020 Review: Confirmed changes
Index Enter Exit Expected Weight (rank)
S&P/NZX 10 no changes
S&P/NZX 20 no changes
S&P/NZX 50 no changes
S&P/NZX 50 Portfolio no changes
Source: Forsyth Barr analysis, S&P DJI
A catch-up for share placements
As with each quarterly review, indexed shares, Investible Weighting Factors ( IWF's) and AWF's are also updated. There were a
number of share placements during the quarter (including SKO, SML, SPG & VHP) that did not qualify for accelerated implementation,
which will now be implemented. The companies with the largest re-weightings are presented in Figure 2.
Figure 2. December 2020 Review: Major re-weighting changes expected
Index Current Weight Expected Weight Total Change
S&P/NZX 50 Index
SPG 0.61% 0.74% +0.14%
VHP 0.78% 0.87% +0.10%
S&P/NZX 50 Portfolio Index
ATM 3.45% 5.03% +1.59%
SPK 4.15% 4.98% +0.83%
FPH 4.36% 5.17% +0.81%
IFT 5.33% 4.98% -0.35%
MFT 5.36% 4.99% -0.37%
CEN 5.57% 4.89% -0.67%
MEL 5.95% 4.68% -1.27%
S&P/NZX All Real Estate Index
SPG 6.90% 8.25% +1.35%
VHP 8.81% 9.70% +0.89%
KPG 16.10% 15.64% -0.46%
PCT 16.11% 15.66% -0.46%
GMT 22.26% 21.63% -0.63%
-
14-12-2020, 05:40 PM
#5604
Last edited by see weed; 14-12-2020 at 05:41 PM.
-
14-12-2020, 05:54 PM
#5605
-
14-12-2020, 06:10 PM
#5606
They had a cash mountain of around $50m as at balance date which I expect to be very similar at the conclusion of the current half year and equates to a whopping 83 cps. Based on likely earnings in the current period and their very robust cash position I am forecasting a fully imputed April dividend of around 24-25 cps.
Last edited by Beagle; 14-12-2020 at 06:13 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
15-12-2020, 08:06 AM
#5607
Originally Posted by Greekwatchdog
For Bars Latest view on NZX 50 inclusion
A Final Tidy Up, Before the Family Arrives for Xmas
S&P DJI have confirmed that no constituent changes will be made to the benchmark indices at the December 2020 quarterly
index review. There are a number of changes to indexed shares and Float Adjustment Weighting Factors (AWF). Changes are
effective close of market, Friday 18 December 2020.
No constituent changes
As expected, the S&P/NZX index review for December 2020 contained no constituent changes for the benchmark indices. We do not
foresee any constituent changes over the near to medium term. Hallenstein Glasson (HLG) remains the largest non-member currently
eligible for inclusion, should a current member drop out.
An Infratil takeover will trigger inclusion for HLG.
Meanwhile, let's enjoy the dividends and a retailing story which keeps getting better.
-
15-12-2020, 09:54 AM
#5608
Originally Posted by Balance
An Infratil takeover will trigger inclusion for HLG.
Meanwhile, let's enjoy the dividends and a retailing story which keeps getting better.
Yeap, I was thinking exactly the same thing. Quite apart from that it looks like a great year shaping up so when the market gets shocked by HLG's earnings capabilities we should see further share price appreciation and I think there's an excellent chance HLG gets into the NZX50 in 2021 on its own merits. Aside from all that to the best of my knowledge this has the highest forecast 2021 yield of any share on the NZX so we're being paid very handsomely indeed while we wait for even better things ahead.
Definitely one of my top five picks for 2021.
Last edited by Beagle; 15-12-2020 at 09:57 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
15-12-2020, 10:00 AM
#5609
Should be a decent boost to share price next few weeks as many reinvest their divies at the current depressed price
Got to get in before their earnings capabilities become more well known
They say compounding (reinvesting) is the 8th wonder of thevworld
Last edited by winner69; 15-12-2020 at 10:16 AM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
-
15-12-2020, 12:23 PM
#5610
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks